Satchel becomes sponsor of Geležinis Vilkas rugby club
In an exciting new development for Lithuanian sports, Satchel, an electronic money institution known for its innovative digital payment solutions, has announced its partnership with the Lithuanian rugby club, Geležinis Vilkas. The deal, which makes Satchel the official sponsor of the club, highlights a growing trend of businesses stepping into the world of sports sponsorship, further bridging the gap between the resources and a good cause.
The rise of Satchel in fintech
Satchel has been making waves in the financial technology sector, offering streamlined services such as:
- Multi-currency accounts
- Secure digital payment systems
- Quick international transfers
Founded six years ago with a focus on providing accessible and efficient financial services, the company’s customer base has rapidly expanded, earning a solid reputation across Europe and beyond. Satchel sponsorship of Geležinis Vilkas marks its another foray into the sports world, signaling the company’s ambition to align itself with Lithuanian culture and community activities.
Geležinis Vilkas: The club to watch
Geležinis Vilkas, which translates to “Iron Wolf”, currently unites more than 300 athletes. The club has been developing and fostering rugby for over 60 years, actively including children and youth in the sports. The teams successfully participate in Lithuanian championships of all age groups; the players are invited to the national team as well. 2023-24 was the season of excellent results:
- All age groups won prizes in the Lithuanian rugby championships.
- The men’s team won bronze medals in the 2023 Baltic Rugby TOP League.
- Not one, but two Iron Wolf teams represented the club in the Lithuanian women’s rugby championships.
- Great performance was shown at the international children and youths’ rugby festival in Berlin.
The club, renowned for its athletic excellence and strong community presence, is recognized not only for its performance on the field but also for its dedication to nurturing young talent in Lithuania. Geležinis Vilkas shares its stadium with Vilnius School – Multifunction Center “Verkiai” for disabled kids. The club has been running a project “We Can” for over 5 years now, involving the disabled kids in sports activities, organizing training sessions, running sports camps and festivals.
This partnership with Satchel will provide the club with additional financial resources, which are expected to improve training facilities, increase player development, and promote rugby to a wider audience in Lithuania.
Shared values: Innovation, strength, and community
Satchel and Geležinis Vilkas share values that make this partnership a natural fit. The Iron Wolf has always represented strength, resilience, and community spirit – values that Satchel champions in its approach to financial services. By supporting Geležinis Vilkas, Satchel aims to reinforce these shared principles, contributing to the growth of rugby in Lithuania.
What this partnership means for the future
For Geležinis Vilkas, this sponsorship opens new doors for investment in player development programs and infrastructure, helping the club enhance its competitive edge in both national and international competitions. For Satchel, the partnership provides an opportunity to strengthen its brand presence in Lithuania and associate its name with resilience, teamwork, and dedication – core attributes of both the fintech and sports worlds.
Satchel CEO, Sergiy Barybin, expressed excitement over the partnership, stating, “We are proud to support Geležinis Vilkas, a club that embodies the strength, passion, and perseverance we value at Satchel. We look forward to an inspiring journey together.”
Audrius Jakutis, the President of Geležinis Vilkas sports school, added: “Our entire community is happy about this new partnership; we’re sure it will be productive and meaningful. In Lithuania, rugby is not spoiled by lavish spotlight, and every collaboration is valuable to us as we fight for victories on the playing field as well as try to make a positive impact on the new generation.”
This partnership represents the power of collaboration between business and sports to make a tangible, positive impact. With Satchel support, Geležinis Vilkas can continue to inspire future generations, both on and off the field, proving that with the right backing, even the most ambitious dreams can become reality. The future of Lithuanian rugby is bright, as together we are building not just stronger athletes, but a stronger community.
Photo credits Geležinis Vilkas.
